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Triangle Wave

GOLD perfect short entry and weekly expectationGOLD perfect short entry and weekly expectation --> Open position at 1702 support/resistance level what correspondate to the trend break-out (100% Fibo extension) and intersection of the globale weekly triangle pattern upside and gravity trend. - First target 1681 - Second target 1671 (After Triangle break out with 2 candles in 15M timeframe!) - Third target 1651 (After Triangle break out with 2 candles in 15M timeframe!) - !! Stop loss for other targets: 1709*
TVC:GOLDShort
by MarjaniFX
1
WTI CRUDE JULY - Triangle range - USOILNYMEX:CLN2020 WTI July contract is trading inside a triangle now Next week we will see this testing the 20.71 range again possibly forming a double bot pattern bouncing the price back to the top of this triangle pattern This is still looking pretty much bearish overall raising some concerns for the next contract roll over. Most likely we will see a breakout towards the end of the month with the rolling contract approaching and price will push the 17 dollar range
NYMEX:CLN2020Short
by Hybriss
Is this the level the market is looking for? Im just having a little fun with a fib circle and trying to predict the next decent sell-off. Obviously no one can call the future for sure and intra-day trading provides the best information, but its always fun trying to get a big picture of the important levels in play. Short-term I am long till we get closer to the 184 mark. Beyond that I am going to wait till confirmation to buy shorts. Leave a comment if you wanna add/disagree to this chart.
AMEX:SPY
by itsQure
3
Sideways in oil for a whileAfter finding it's low at 19.50 I expect a sideways correction in oil because wave 2 was a Zigzag. The alternation in the Elliott wave suggests me that after a deep correction there will be a sideways correction. We are too early stage of wave 4, therefore, I don't know which one will be realised, a Triangle would be suitable for the coming situation, but a Flat or a type of Flat would come also. We will see it, but I will prepare for myself a sideways trading strategy, which is not my favourite. At topping point, there will be extreme optimism and vice versa. In the sideways moving, the contrary attitude is well-paid.
NYMEX:CL1!
by MoodandMarkets
NEOBTC | ABCD and triple bottom strong supportPreviously we analyzed NEO in accordance of USDT quote currency, unfortunately the position was strongly correlated with Bitcoin price action. In current market condition we received a confirmation of sustainability of NEOBTC in the mid-term From a technical sign we have a strong buy signal because of completion of ABCD pattern and formation of triple bottom which stands now for a strong support of ascending trend NEO is very oversold and its market value are much lower than real intrinsic price thus there is a good fundamental background for this position We recommend to accumulate NEO and use amount you accumulated with USDT quote currency for middle term holdings Entry price, target levels and stop loss are in the settings of automatic premium signal
Long
by Skyrexio
2
SPX Triple Combination COROMADNESS a.k.a COROMANIA Long Entry! A Triple Zigzag or combination as what we are seeing in the S&P will usually channel far too well to be considered an Impulse pattern. The declining waves are too similar in price and time coverage, which is mandatory for Impulsive activity. This triple combination pullback indiacte weakness, although does not present an Impulsable pattern, we have MUST hold above the 61.8% for this roller coaster triangulation pattern to remain valid for the rest of 2020. Plotting the future course of the U.S Stock Market
SP:SPXLong
by wallstreetsharks
#BITCOIN - Triangle Pattern In Elliott Wave Theory - Part 13Crypto Knocked by Virus Worries Just when a major cryptocurrency renaissance was getting underway, a global pandemic has knocked the wind from Bitcoin. In the lead-up to the BTC halving event, it seemed for a moment like there was simply no stopping the world’s number one digital asset. However, nature had other plans as the Coronavirus emerged and quickly spread across the globe. Surely you need no refresher on the last point as the virus has been the world’s main talking point for weeks now. Both traditional and digital asset markets have finally caught up with the news, leaving traders in the red everywhere from the NYSE trading floor to the halls of the Shanghai Stock Exchange. Store of Value No More? For cryptocurrency traders like ourselves, the decline in crypto fortunes led most notably by BTC’s fall under $7,800 signals an impending end to the store of value use case. It is one thing to declare an asset a store of value during times of acceptable turbulence. But, it is clearly another for that same asset to actually act like an SoV when the going gets tough. And boy, the going is getting tough. So, in Bitcoin’s first real test as a store of value asset, it is hanging in the ring but appears as to be fatiguing from the fight. The remainder of this month will be crucial for determining what to expect from the first half of 2020, especially as traders gear up for the halving event. Ethereum Foreshadows The Ethereum showed us the way up, now it will lead the way down. ETH has preceded price moves for the rest of the market, and at current, is also diving the hardest, too. Does that foreshadow fortunes for other top tier assets? Yesterday, ETHUSD has led the way down with over -35% in losses, shedding close to $100 since the downtrend began. The ETHBTC ratio hasn’t fared much better but may be buoyed by Bitcoin’s drop in tandem with it. At the moment, there is no telling how far down digital -- assets may go since they are currently at the mercy of global events — and appear entirely correlated to traditional asset markets. Given the uncertainty and apparent selling pressure, we’re taking a wait and see approach with maximum de-risking practices in place to Stack our wealth; this includes our use of automated trading technologies - which you all will receive exclusive access to in the coming weeks! I am not Bearish long term. I am a Bull of Bulls. To the Moon is too close, go BEYOND! I am anti-establishment! Long Bitcoin, Short the Bankers! Nothing is hard as long as the determination is there. We go together Together we are stronger Share and like God bless you! Nothing is hard as long as the determination is there. =============================================================================== CAUTION! DISCLAIMER (Trading is risky.) =============================================================================== Here s a small explanation about why I'm giving insight into my trades. Crypto is all about trust and transparency and that is what ID likes to bring. Don't expect me to tell you how much crypto I actually own because of thats none of your business. But I Will tell you how big my position will be in regard to my trading portfolio. Secondly and actually the main reason I'm doing this is to prove to all the HALTERS out there that you can earn money with trading crypto. Most people are skeptical about trading because they heard horror stories about people who lost all their money. Follow my journey and let me proof therm wrong. At the end of the day, the most important thing is how good are you at risk control. Booking some losses during trading is perfectly normal, so I'm not afraid to show those losses. Most traders don't give any insight into what they because they perfectly know they suck and don't have a clue what they are doing in regard to risk management. Risk comes from not knowing what you're doing. Just like every trader, I've seen ups and downs in my journey. I started trading stocks. And you can guess what that meant for my portfolio. Yes that's right, it was almost completely wiped out. But I pressed on, learned a lot about technical analysis and here we are. I have experience in trading stocks, options, and commodities. So you can assume that I know how to deal with risks. =============================================================================== >> Daily stats << Stock/flow 1d/365d: 26 / 25 Stock/flow price 1d/365d: $8.515 / $8.312 Actual price: $5.054 Mined BTC: 18.268.575 Mayer multiple: 0,59 Days to halving: 57 Pow law osc: -0,34 Dormant BTC >10y: 1.241.048 =============================================================================== $BTC $BCH $BNB $XLM $EOS $ETH $ADA $LTC $TRX $XRP $IOTA $LINK $XTZ $BTT $XMR $NEO $BTT $MATIC $XMR $MRK $XEM $ONT $DASH $BAT $ZRX $LSK $NANO $REP #altcoins #bitcointrading #cryptocurrency #cryptotrading #CRYPTO #BITCOIN #BTCUSD #BTC #BuyTheFear #BuyTheDip #BTC #BITCOIN @btc @RedditBTC ----------------
BYBIT:BTCUSD.P
by ferGOD
2